Coming Soon to a Job Near You: Knowing what it Pays
upstart writes:
Coming soon to a job near you: Knowing what it pays:
You wouldn't rent an apartment or even buy a pair of jeans online without knowing the price. Soon, many Americans won't search for a job without knowing what it pays, either.
A series of local and state laws, both newly adopted and soon to be in effect, will force companies to divulge what a job pays when posting an open position. Besides being common sense, the intent of these laws is to shrink the persistent wage gap that divides white men from women and people of color. Lowering the pay gap would be an important step forward for equality in the US, affecting everything from Americans' quality of life to how they see themselves. But while pay transparency is a much-needed improvement, a lot more is needed to truly create balance for all Americans.
In the US, women and people of color get paid less than white men, regardless of job or experience. Pay gaps often begin at the start of careers, then compound over a lifetime as women and people of color are less likely to get raises. A variety of other factors contribute to the gap as well, like the motherhood penalty, wherein women who take time off paid work to care for kids are paid nearly 40 percent less than those who don't. There's occupational segregation, in which jobs that are filled predominantly by women or people of color, like home health aides or food service workers, are paid less. (The pay and prestige of computer science, for example, rose only as more men entered the field.) Women and people of color are also seriously underrepresented in leadership positions, which are paid the most. In sum, that means the median hourly wage for women is 86 cents per hour for every dollar a man makes. Black women make 68 cents. There's been little progress on closing the pay gap in the last three decades.
[...] "Transparency is one of the leading tools we've identified for closing the wage gap," Andrea Johnson, director of state policy at the National Women's Law Center, told Recode. "It is absolutely crucial for both increasing worker power and employer accountability."
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